Examples of French Swingline Loan in a sentence
The proceeds of the French Swingline Loan will be made available by the French Swingline Lender to the French Borrower identified in such notice at an office of the French Swingline Lender by wire transfer to the account of such French Borrower specified in such notice.
Each French Swingline Loan shall be subject to all the terms and conditions applicable to Revolving Loans except that all payments thereon (including interest) shall be payable to the French Swingline Lender solely for its own account.
Each French Swingline Loan shall accrue interest as set forth in Section 4.1(a)(vi).
No French Swingline Lender shall make any French Swingline Loan if, after giving effect thereto, the Borrowers would not be in compliance with the Revolving Exposure Limitations or the aggregate Dollar Amount of all Swingline Loans would exceed $30,000,000.
The Union and the Board subscribe to the principle that any and all differences shall be resolved by peaceful and appropriate means without interruption of the Board’s college program and operations.
Each Swingline Loan (other than a MXN Swingline Loan or a French Swingline Loan) shall be made as a LIBOR Market Index Rate Loan and, in each case, subject to Section 2.6(a)(iii), shall have such maturity date as agreed to by the Swingline Lender and the Parent Borrower.
To request a French Swingline Loan, the Borrower Representative shall notify the European Administrative Agent and the French Swingline Lender (with a copy to the Administrative Agent) of such request by telephone (confirmed by facsimile or an Approved Email Notice), not later than 11:00 a.m., Local Time, on the day of a proposed French Swingline Loan.
Each (A) U.S. Swingline Loan and Canadian Swingline Loan denominated in Dollars shall be an ABR Loan, (B) each Canadian Swingline Loan denominated in Canadian Dollars shall be a Canadian Prime Rate Loan and (C) each U.K. Swingline Loan and French Swingline Loan shall bear interest at the Overnight LIBO Rate.